Overview

* Axon Q2 2025 revenue rises 33% yr/yr, beating analyst expectations

* Software & Services revenue grows 39%, driven by premium solutions adoption

* Co raises full-year revenue outlook, reflecting confidence in continued growth

Outlook

* Axon raises full-year revenue outlook to $2.65 bln-$2.73 bln

* Company expects full-year adjusted EBITDA of $665 mln-$685 mln

* Axon anticipates 29% annual revenue growth at midpoint

Result Drivers

* SOFTWARE & SERVICES - Revenue up 39% due to premium digital evidence management and real-time operations tools

* CONNECTED DEVICES - Revenue up 29%, driven by strong demand for TASER 10 and Axon Body 4

* PLATFORM SOLUTIONS - Revenue increased 86% reflecting strong market demand for counter-drone and VR training products

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $669 mln $631.60

Revenue mln (14

Analysts

)

Q2 Net $36 mln

Income

Q2 $172 mln

Adjusted

EBITDA

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the aerospace & defense peer group is "buy"

* Wall Street's median 12-month price target for Axon Enterprise Inc ( AXON ) is $820.00, about 9.5% above its August 1 closing price of $742.47

* The stock recently traded at 105 times the next 12-month earnings vs. a P/E of 94 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)